Daily Archives: May 16, 2012
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, today announced that on May 15, 2012, its Ocean Rig Corcovado drillship completed the general testing of equipment as required by Brazil’s oil giant Petrobras.
The drillship has now commenced revenue-generating drilling operations in Brazil. The Ocean Rig Corcovado will stay with Petrobras for three years on a contract worth approximately $650 million.
This is the second Ocean Rig’s drillship under a contract with Brazil’s state controlled Petrobras. The company’s Ocean Rig Mykonos drillship had started drilling offshore Brazil in March this year under a similar contract.
Ocean Rig’s drillships are based upon the Saipem 10K design, and built by a proven shipyard, Samsung Heavy Industries. They are a successful and well proven design complete with full dual derrick enhancements to ensure optimal operational efficiency.
The company owns and operates 9 offshore ultra deepwater drilling units, comprising of 2 ultra deepwater semisubmersible drilling rigs and 7 ultra deepwater drillships, 3 of which remain to be delivered to the company during 2013.
- Cyprus: Ocean Rig Receives LoA for its UDW Drillship (mb50.wordpress.com)
- Strong Demand for UDW Drillships Spurs Seadrill to Order One More from SHI (South Korea) (mb50.wordpress.com)
- South Korea: Seadrill Confirms Samsung Drillships Contracts (mb50.wordpress.com)
- USA: Vantage Drilling Acquires Titanium Explorer Drillship (mb50.wordpress.com)
- Diamond Offshore Orders New Drillship in South Korea (mb50.wordpress.com)
- Ensco in $645m drillship buy (mb50.wordpress.com)
- Apache Hires Drillship for Ops Offshore Kenya (mb50.wordpress.com)
Mzia-1 is BG Group’s first discovery within the deeper Cretaceous section and opens an extensive new play fairway within the Group’s offshore acreage in Blocks 1, 3 and 4, to complement the now proven Tertiary fairway.
Preliminary evaluation of the results indicates 55 metres of natural gas pay in good quality sands. An extensive logging programme has been completed, including the acquisition of pressure data and gas samples.
Significantly, the well has de-risked a number of adjacent Cretaceous prospects, which could form part of a future Mzia hub. These prospects are expected to be tested in a future appraisal programme to be defined following incorporation of data from this new well and 3D seismic.
The new resources proven by Mzia and the potential of adjacent prospects are currently under evaluation. Prior to drilling Mzia-1, BG Group had estimated mean total gross recoverable resources approaching 7 trillion cubic feet of gas from the four previous discoveries drilled in Tanzania.
Mzia-1 is approximately 45 kilometres offshore southern Tanzania in a water depth of 1 639 metres. It is some 23 kilometres from the Jodari-1 discovery and is part of the 2012 three-to-four well exploration programme.
Following the imminent completion of operations at Mzia, the Deepsea Metro-1 will relocate to Block 3 for the drilling of the next exploration prospect, Papa-1.
BG Group as operator has a 60% interest in Blocks 1, 3 and 4 offshore Tanzania, with Ophir Energy plc holding 40%.
- BG Group makes fourth gas discovery in Tanzania (mb50.wordpress.com)
- BG Group Secures $1.8B for Brazilian FPSO Program (mb50.wordpress.com)
- Anadarko: Another Major Discovery Offshore Mozambique (mb50.wordpress.com)
- Nine Oil Firms Table Bids for Ronda Uruguay II (mb50.wordpress.com)
A handful of Republicans are pursuing the biggest scandal in American history, but guess what: House Speaker Boehner isn’t one of them, and that puts him on par with Democrats like Jim Costa, who think “Issa and Holder should sit down and work it out.”
West Virginia Democrat Nick Rahall wants Holder to turn over the subpoenaed documents but is “not ready to go as far as contempt yet, no. Not yet.”
With the other issues, the economy and everything else, I think they would like to focus on that. I don’t think they’re opposed to going ahead with the contempt citation; it’s just that if we can get the Justice Department to move without having to move it, they would probably prefer that.
Americans would probably “prefer” that career politicians grow a spine and stand up to one of the most corrupt attorneys general in recent history and hold everyone responsible for the murders of innocent people accountable. Not gonna happen, according to an insider.
From Roll Call:
A GOP aide also warned against a racial backlash if Republicans are seen as unfairly targeting the first black attorney general, who is serving under the first black president. “Especially after Trayvon,” the aide said, referring to slain Florida teenager Trayvon Martin.
How about an attorney general targeting Hispanics? “The term Hispanic, as dominated [sic] by the Office of Management and Budget, is used in the United States for people with origins in Spanish-speaking countries, including Spain, Mexico, Costa Rica.”
Over 300 Mexican citizens have been murdered by weapons trafficked by our own government, with “more to come” according to Holder’s testimony. Many Mexican-Americans have relatives south of the border. Where is La Raza?
Bloggers, journalists, and investigators have chronicled this mess from the beginning. They’ve uncovered evidence leading first to the Department of Justice, then straight to the White House.
How about the three Os? Ogden, O’Reilly, and Obama.
In March 2009, Former Deputy Attorney-General David Ogden said, “The president has directed us to take action to fight these cartels and Attorney General Eric Holder and I are taking several new and aggressive steps as part of the administration’s comprehensive plan.”
A September 2010 e-mail from ATF Phoenix Special Agent in Charge Bill Newell to White House National Security Staffer Kevin O’Reilly showed an “arrow chart reflecting the ultimate destination of firearms we intercepted and/or where the guns ended up.” The chart shows arrows leading from Arizona to destinations all over Mexico.
In March 2011, on the 30th anniversary of the assassination attempt on Ronald Reagan, Sarah Brady met with Jay Carney to discuss the need for tougher gun control laws. The president joined them, and Mrs. Brady recalled him saying, “I just want you to know that we are working on it[.] … We have to go through a few processes, but under the radar.”
Agent Brian Terry died nine months after Obama’s “under the radar” statement.
Issa has indicated that he will seek a contempt citation if Holder doesn’t turn over the remaining documents by Memorial Day. We’ll see. In the meantime, I suggest that both Democrats and Republicans read the following words from the Russian dissident Alexander Solzhenitsyn.
A decline in courage may be the most striking feature which an outside observer notices in the West in our days. Such a decline in courage is particularly noticeable among the ruling groups and the intellectual elite, causing an impression of loss of courage by the entire society.
Of course there are many courageous individuals but they have no determining influence on public life.
Political and intellectual bureaucrats show depression, passivity and perplexity in their actions and in their statements and even more so in theoretical reflections to explain how realistic, reasonable as well as intellectually and even morally warranted it is to base state policies on weakness and cowardice.
And decline in courage is ironically emphasized by occasional explosions of anger and inflexibility on the part of the same bureaucrats when dealing with weak governments and weak countries, not supported by anyone, or with currents which cannot offer any resistance. But they get tongue-tied and paralyzed when they deal with powerful governments and threatening forces, with aggressors and international terrorists.
Should one point out that from ancient times a decline in courage has been considered the beginning of the end?
Somebody needs to get on with it. Charge Holder with contempt now.
Read more M. Catharine Evans at Potter Williams Report.
- Is Fast and Furious the Next Watergate? (mb50.wordpress.com)
- Conservative Reps Plan To Push House Leadership Toward Contempt Resolution For Holder (nicedeb.wordpress.com)
- Rep. Darrell Issa To Holder: ‘Fast and Furious’ Will Be Your Legacy (businessinsider.com)
- Holding Eric Holder Accountable for Operation Fast and Furious (gds44.wordpress.com)
- IT’S OFFICIAL – John Boehner is stalling Fast and Furious contempt citation of Eric Holder (gunnyg.wordpress.com)
- Republicans Prepare Contempt Citation Against Obama AG Eric Holder (thedaleygator.wordpress.com)
- Issa Makes ContemptCase Against Holder (foxnews.com)